RMG Files Amended Proxy on Romeo Merger Plan

Romeo Systems

RMG Acquisition set Dec. 28 for a shareholder vote on the SPAC’s proposed combination with Romeo Systems, which manufactures litium-ion battery packs. The combined company would have pro forma equity value estimated at $1.33 bilion. Read more.

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Aries I Acquisition Liquidates

The balance of the trust as of March 8 was approximately $24 million. The SPAC had raised $125 million in a May 2021 IPO, although redemptions ahead of several extension votes whittled down the trust over the last 22 months.